@Samuel Coronado My experience with building lot purchases is they’re usually only worth what you pay for them once.

This is actually the most risky way to get into multifamily that I now know and see from experience. 

But between you paying down your mortgage, plus the tax write offs, plus market appreciation it sets you up for having tens of thousands of dollars in tax free gains when you eventually sell it.  

This has all been very good experience, but I am ready to focus and scale: one asset class, one location, one strategy. 

So, is there anyone on here with first hand experience in navigating the process?

Hello All,Does anyone have experience with converting detached garage units to ADU's in Las Vegas?

Adding additional assets, a familiar market, buying a house "for free" as I call it, and gaining experience with lower level of risk How did you find this deal and how did you negotiate it?

My recent experience was an issue with the inspector. 

Not to say banks do not sell loans to free up credit lines but in most cases less hassles and headaches.

It is also a low-risk way to learn all the principles of real estate investing with very limited risk, gain experience with evaluating, buying, repairing, renting and managing a property.